Types of Chargers
Level 1
120 Volt AC
Adds 2-5 miles of range per hour
Primarily home chargers, workplace
Level 2
240 Volt AC
Adds 10-20 miles of range per hour
Grocery stores, retail parking lots, public parking garages, offices, malls
DC Fast
480 Volt DC or 208 Volt AC
Converts high voltage AC (alternating current) power to DC (direct current) power to store directly in the electric battery
Adds 60-80 miles of range per 20 minutes
Heavy traffic corridors (highways), gas stations, larger businesses
Costs
Purchase Costs per unit
Level 1
In 2015, the U.S. Department of Energy listed the range as $300-$1,500
Level 2
In 2015, the U.S. Department of Energy listed the range as $400-$6,500
Higher power, public chargers are often above $3,000
Level 3
In 2015, the U.S. Department of Energy listed the range as $10,000-$40,000
Installment Costs
Charging station hosts often have an electrical contractor complete a site evaluation to best determine the specific location for the station
During the installation process, the contractor:
Purchases the station
Installs, upgrades or connects the station to an electric service
Installs the charging station
Installation costs increase with more complex installation including
Trenching to connect the station to an electrical panel
Installing a new electrical service
Upgrading the current electrical service
Installment Cost Ranges and Averages
EV Charging Station Type |
Installment Cost Range |
Average Installment Cost |
Level 1 |
$0-3,000 |
N/A |
Level 2 |
$600-12,700 |
$3,000 |
DC Fast |
$4,000-51,000 |
$21,000 |
Source: U.S. Department of Energy
Operation and Maintenance Costs
Operation Costs
Costs for the electricity to charge vehicles
Amount will vary depending on
The electric utility’s specific rate
The volume of vehicles
Time spent charging by vehicles at the station
Using Level 2 or DC chargers could lead to higher demands on the electric facility, leading to additional demand charges
Will vary based on location and charger type
If the charging stations are networked online, hosts will have to pay for the network’s communications and office support
Fees will range from $100-900 annually
Capital Costs
Potential warranties for hardware or labor
Costs to purchase or lease land or parking spaces
Maintenance Costs
Basic units often do not require regular maintenance as owners often replace the damaged component
More complex units may require periodic maintenance due to the increased amount of components that could fault
Here are examples of maintenance costs for each level of charging station
Level 1
Replacement of an electrical outlet ($1-$40 plus electrician fee)
Minimal maintenance
Level 2
Often can replace individual malfunctioning components alone
Minimal maintenance
DC Fast
Require periodic maintenance due to complex components including cooling systems and filters
Highest maintenance costs
Incentives *
Clean Fleet EV Incentive Program
$1,500 towards the purchase of one fleet level 2 charging station (not available to the public)
$2,000 towards the purchase of a public level 2 charging station
Depending on the size of the municipality, your town may be eligible for up to four level 2 charging stations
To apply, must have purchased a dual port charger with the ability to capture data (networked charger)
$4,000 toward the purchase of an eligible battery electric vehicle
Rolling basis application, form to apply in the link above
Applications can be found here
The application deadline is 5 p.m. on May 1, 2022,unless funds are exhausted earlier.
Level 1 and Level 2 charging stations exclusively public
Up to $750 for each level 1 charging port
Minimum of 5 charging ports
Up to $4,000 for each level 2 charging port
2-20 charging ports per location
Money can be used towards purchase, installation and/or other fees
Rolling basis application
Follow these application steps
Exclusively public DC Fast chargers, especially for prioritized NJ corridors
Up to $200,000 in reimbursement
Chargers must have 2 ports at minimum
Must be located within one mile driving distance from an exit or intersection along designated major travel corridors
Currently closed for applications since July 22, 2020, but is likely to open again soon
Follow these application steps when reopened
More information on It Pay$ to Plug In can be found here and here
*The Clean Fleet EV Program and It Pay$ to Plug In cannot be used for the same charger